I typed this up around 3pm, and problems with internet all...

I typed this up around 3pm, and problems with internet all afternoon meant it sat there all day, so am now finally posting it after the market closes and now, it seems after a fantastic announcement!

Anyway, in a rush, havent read the update yet, but will tonight and just wanted to share this, which is especially more relevant now it seems

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Another strong day, nuf said
As I said last week, well I think I did, HOR will be back into the 30's soon and oppies back up

Overlay horo and hor on a chart and you will see the oppies mirrored the heads, so a return to say 35c on heads should see low to mid teens on oppies

As long as the market has faith in the oppies being in the money, but with heads in the 30's soon that shouldn't be an issue right?

I have taken the liberty of preparing a little matrix on the options, to look at various scenarios, as I feel the options are excellent value now, with the downside being possibly needing to convert them if heads don't stay or move up, which I would say now is very very unlikely

So, the discount currently being that the safe side of the market hasn't been buying them up to the exercise price variant yet, in case the aforementioned heads move doesn't happen

Now that this update is out, the heads will obviously move back to where they should be, into the 30's and who knows where

Every move up the heads do, the oppies become derisked, and the more they will be seen as a fantastic investment mechanism into the company

Please let me know if you agree, disagree etc on the following model

Cheers,
Wilson

PS I spoke to the MD not long ago, and shared a little on here of what he shared which was, primarily optimism for a fantastic future, and was trying to convey the message that this was one to accumulate while it was below 30c